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Tag Archives: CNBC
Samsung launches the Galaxy Ring — a first-of-its-kind product for the tech giant
The Samsung Galaxy Ring has the ability to track various health metrics such as heart rate and sleep.
Microsoft drops its observer seat on OpenAI board amid regulatory scrutiny
Microsoft took a nonvoting board seat at OpenAI back in November.
UiPath to lay off 10% of workforce in companywide restructuring
Software developer UiPath will cut 10% of its workforce, or about 420 jobs, as part of a broader company restructuring.
Etsy CEO says company is escaping ‘race to the bottom’ and getting back to its artisan roots
Etsy is making policy changes as it faces pressure to compete with Amazon and emerging e-commerce players Temu and Shein.
Stolen crypto doubled to $1.38 billion in the first half of 2024, research firm says
$1.38 billion of crypto was stolen by hackers from January 1 to June 24, as compared to $657 million stolen in the same period a year ago, TRM Labs data showed.
San Francisco’s AI boom can’t stop real estate slide, as office vacancies reach new record
Office vacancies in San Francisco hit another record in the second quarter, and rent prices fell to their lowest since 2015, according to Cushman & Wakefield.
Corning shares pop 12% as AI boom drives stronger-than-expected demand for equipment
The company credits the outperformance to demand for its optical connectivity products used in generative artificial intelligence.
Amazon announces new $79 Echo Spot alarm clock
It is the first upgrade to the device since Amazon first introduced the Echo Spot in 2017.
The German government owns around $2 billion in bitcoin — and it’s freaking out crypto investors
For weeks, Germany’s government has been selling hundreds of millions of dollars worth of bitcoin, placing pressure on the world’s largest cryptocurrency.
Meet the AI-powered robots that Big Tech thinks can solve a global labor shortage
AI-powered robots are all the rage in Silicon Valley, and some argue, the key to solving a global labor shortage.